Tesla low strong on Wall Street after reporting its greatest drop in income in a decade

Tesla low strong on Wall Street after reporting its greatest drop in income in a decade

The papers of the electric vehicle company fall 2.1% in operations after closing.

Reuters

The actions of Tesla They go down this Wednesday, after the company of Elon Musk will report your Greater drop in income In a decade, 12%, while fighting the strong competition of cheaper electric vehicles and a reaction against the political opinions of its executive president.

The papers of the electric vehicle company fall 2.1% In operations after closing, after income fell to U $ S22.5 billion In April-June quarter, in front of the U $ 25.5 billion of the same period of the previous year. The average of analysts expected some u $ s22,740 million, According to data collected by LSE.

The company registered a second consecutive fall of its quarterly income despite having launched an expected renewed version of its Super SUVs, the model and, that investors expected the demand to relive.

Tesla announced the implementation of its affordable model

Tesla announced Wednesday that He began to manufacture the “first units” of his affordable model In June and added that he expects a serial production in the second half of this year.

The electric vehicle manufacturer did not update its delivery forecasts for the whole year, after having retired in April, claiming economic problems.

Source: Ambito

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